Author: Kelvin Thomson

Australia’s Population Ponzi Scheme

The current economic system in Australia is a Ponzi scheme based on maintaining positive GDP through migration. Populations of native species are plummeting and people are faced with increased job insecurity and housing costs, all of which are side effects of the Australian government’s ongoing drive for an ever increasing population. In the 35 years prior to 2005, Australia’s net overseas migration averaged around 70,000 per annum. But from 2005 this number was trebled, and ever since then Australia’s population has been increasing at the rate of an extra million people every three years. As a result, Australia has been a part of the on-average 68 percent fall in global wildlife populations between 1970 and 2016. Some Australian species’ numbers have plummeted by up to 97 percent, primarily due to habitat loss. The environmental havoc is justified as needed for the economy, but the evidence does not support this claim. In the 1950s and 1960s Australia had strong industry protection policies and a strong manufacturing industry, and therefore both migrant and non-migrant workers had good …